San Jose California General Warranty Deed (To Joint Tenants with Right of Survivorship)

• Category: Oil Gas and Minerals - Real Estate
• State: Multi-State
• City: San Jose
• Control #: US-OG-1018
• Format: Word; Rich Text

Description

This is a general warranty deed to joint tenants with right of survivorship. A General Warranty Deed to Joint Tenants with Right of Survivorship is a legal document commonly used in San Jose, California, to transfer ownership of real property from one party to two or more individuals. This type of deed ensures that the property is transferred with a warranty of clear title and provides the added benefit of the right of survivorship, which allows the surviving joint tenant(s) to automatically inherit the deceased tenant's share of the property without the need for probate. In San Jose, California, there may be variations of the General Warranty Deed to Joint Tenants with Right of Survivorship, including: 1. Basic General Warranty Deed to Joint Tenants with Right of Survivorship: This is the standard form where the transferor (granter) is ensuring that they have legal ownership of the property and that there are no undisclosed claims or encumbrances. It guarantees that the granter will defend the property against any future claims. 2. Enhanced General Warranty Deed to Joint Tenants with Right of Survivorship: This type of deed offers additional warranties beyond just clear title. It warrants against any claims that occurred before the granter acquired the property. These additional warranties provide more protection to the joint tenants and may be preferred in certain situations. 3. Special Warranty Deed to Joint Tenants with Right of Survivorship: This type of deed is similar to the general warranty deed, but it only provides the warranty against claims that occurred during the granter's period of ownership. It does not protect against claims from previous owners. However, it still includes the right of survivorship. When drafting a San Jose, California, General Warranty Deed to Joint Tenants with Right of Survivorship, certain essential keywords should be included: — "General Warranty Deed": This term specifies the type of deed being used and indicates that the granter is providing a warranty guaranteeing the property's title. — "Joint Tenants with Right of Survivorship": This phrase defines the ownership structure and highlights the right of survivorship, which ensures that if one joint tenant passes away, their share automatically transfers to the surviving joint tenants. — "TransferoGranteror": These terms refer to the party currently holding ownership of the property and transferring it to the joint tenants. — "Transferee/Grantee": These terms identify the joint tenants who will be receiving ownership of the property. — "Consideration": This word denotes the value, whether monetary or otherwise, being exchanged for the property. — "Legal Description": This section includes a precise description of the property being transferred, including its boundaries, lot number, and any other relevant details to ensure its accurate identification. — "Warranty of Title": This part of the deed includes the granter's assurance that they have the valid authority to transfer the property and that it is free from any unknown claims or encumbrances, except those explicitly stated in the deed. — "Right to Encumber": This clause discloses whether the granter has any rights to create a lien or mortgage on the property after the transfer and, if so, under what circumstances. It is important to consult an experienced real estate attorney when preparing or executing a General Warranty Deed in San Jose, California, to ensure compliance with state laws and to address any specific circumstances or requirements regarding property transfers.

A General Warranty Deed to Joint Tenants with Right of Survivorship is a legal document commonly used in San Jose, California, to transfer ownership of real property from one party to two or more individuals. This type of deed ensures that the property is transferred with a warranty of clear title and provides the added benefit of the right of survivorship, which allows the surviving joint tenant(s) to automatically inherit the deceased tenant's share of the property without the need for probate. In San Jose, California, there may be variations of the General Warranty Deed to Joint Tenants with Right of Survivorship, including: 1. Basic General Warranty Deed to Joint Tenants with Right of Survivorship: This is the standard form where the transferor (granter) is ensuring that they have legal ownership of the property and that there are no undisclosed claims or encumbrances. It guarantees that the granter will defend the property against any future claims. 2. Enhanced General Warranty Deed to Joint Tenants with Right of Survivorship: This type of deed offers additional warranties beyond just clear title. It warrants against any claims that occurred before the granter acquired the property. These additional warranties provide more protection to the joint tenants and may be preferred in certain situations. 3. Special Warranty Deed to Joint Tenants with Right of Survivorship: This type of deed is similar to the general warranty deed, but it only provides the warranty against claims that occurred during the granter's period of ownership. It does not protect against claims from previous owners. However, it still includes the right of survivorship. When drafting a San Jose, California, General Warranty Deed to Joint Tenants with Right of Survivorship, certain essential keywords should be included: — "General Warranty Deed": This term specifies the type of deed being used and indicates that the granter is providing a warranty guaranteeing the property's title. — "Joint Tenants with Right of Survivorship": This phrase defines the ownership structure and highlights the right of survivorship, which ensures that if one joint tenant passes away, their share automatically transfers to the surviving joint tenants. — "TransferoGranteror": These terms refer to the party currently holding ownership of the property and transferring it to the joint tenants. — "Transferee/Grantee": These terms identify the joint tenants who will be receiving ownership of the property. — "Consideration": This word denotes the value, whether monetary or otherwise, being exchanged for the property. — "Legal Description": This section includes a precise description of the property being transferred, including its boundaries, lot number, and any other relevant details to ensure its accurate identification. — "Warranty of Title": This part of the deed includes the granter's assurance that they have the valid authority to transfer the property and that it is free from any unknown claims or encumbrances, except those explicitly stated in the deed. — "Right to Encumber": This clause discloses whether the granter has any rights to create a lien or mortgage on the property after the transfer and, if so, under what circumstances. It is important to consult an experienced real estate attorney when preparing or executing a General Warranty Deed in San Jose, California, to ensure compliance with state laws and to address any specific circumstances or requirements regarding property transfers.